Welcome to our dedicated page for Array Technologies news (Ticker: ARRY), a resource for investors and traders seeking the latest updates and insights on Array Technologies stock.
Array Technologies, Inc. (NASDAQ: ARRY) is frequently featured in news coverage as a global provider of solar tracking technology, fixed-tilt systems, software platforms, foundation solutions and field services for utility-scale and distributed generation solar PV projects. Company press releases highlight developments that span financial performance, capital markets activity, acquisitions, product capabilities and major customer projects.
Investors following ARRY news can expect regular updates on quarterly and annual financial results, often furnished via Form 8-K along with investor presentations and conference call details. These earnings releases discuss revenue trends, bookings, order backlog and guidance, as well as commentary from management on demand for solar energy projects and Array’s commercial execution.
Corporate strategy and transaction news is another key theme. In August 2025, Array announced the completion of its acquisition of APA Solar, a solar racking and structural solutions provider, and filed a related Form 8-K describing the purchase agreement, consideration structure and earnout terms. Earlier in June 2025, the company issued press releases and SEC filings about its offering and completion of a private placement of convertible senior notes due 2031, including details of the notes’ terms and associated capped call transactions.
Product and technology updates also feature prominently in Array’s news flow. A September 2025 release reported that the company’s DuraTrack and OmniTrack systems were verified by Intertek to be compatible with 2,000-volt module-wired systems under UL 3703 and UL 2703 standards. Another August 2025 release described Array’s first full-site deployment of a 100% domestic content tracker solution for a 200 megawatt solar project in Indiana, emphasizing domestic manufacturing and eligibility for tax credit incentives.
In addition, Array issues announcements about participation in investor conferences, earnings release dates and leadership appointments. Together, these news items provide ongoing insight into ARRY’s operations, strategic priorities, financing activities and role in solar energy infrastructure.
Array Technologies (NASDAQ: ARRY) reported strong Q2 2024 financial results, with revenue of $255.8 million and adjusted gross margin of 35.0%. The company's orderbook remains healthy at over $2 billion. However, due to project delays caused by market uncertainties, Array has reduced its full-year 2024 revenue outlook to $900 million - $1 billion. Adjusted EBITDA is expected to be $185 million - $210 million, with adjusted net income per share of $0.64 - $0.74. The company anticipates volume to be down compared to 2023, with declining ASP. Q3 2024 revenue is projected between $220 - $235 million. Despite short-term challenges, Array remains confident in its operational execution and long-term growth prospects.
Array Technologies (NASDAQ: ARRY) has launched SkyLink, a revolutionary PV-powered wireless tracker system for solar installations. This system enhances the capabilities of Array's DuraTrack® and OmniTrack™️ offerings with new features including:
1. Eight linked-row architecture with passive wind mitigation
2. PV string-powered brushless DC motors
3. Zigbee wireless communication
4. Suite of SmarTrack™ features
SkyLink is designed to maximize solar efficiency in extreme weather conditions and reduce costs. It operates independently from the grid, requiring zero trenching. Key benefits include extreme weather response, increased project savings, optimal backtracking, and flexible design. The system aims to support wider adoption of sustainable energy solutions by ensuring uninterrupted solar production during power grid disruptions and adverse weather.
Array Technologies (Nasdaq: ARRY) has announced the release date for its second quarter 2024 earnings report. The company will disclose its financial results after the market closes on Thursday, August 8th, 2024. Following the release, Array will host a conference call at 5:00 p.m. Eastern Time on the same day.
Investors can access the call by dialing (877)-869-3847 for domestic callers or (201)-689-8261 for international participants. A replay will be available until August 22, 2024, by calling (877)-660-6853 (domestic) or (201)-612-7415 (international) with passcode 13747649. Additionally, a simultaneous webcast will be accessible on the company's Investor Relations website.
Array Technologies (NASDAQ: ARRY), a leading provider of tracker solutions for utility-scale solar energy projects, has released its fourth annual ESG and sustainability disclosures. The company made significant progress towards its Environmental, Social, and Governance goals in fiscal year 2023.
Key highlights include:
- Increased renewably sourced electricity in operations to 31%, up from 25% the previous year
- Achieved a 27% reduction in total recordable incident rate (TRIR)
- Continued to reduce direct emissions intensity
- Made progress in recruiting diverse candidates for middle management roles
- Maintained strong compliance in business ethics and cybersecurity
- Enhanced supplier engagement to improve supply chain data and due diligence
CEO Kevin G. Hostetler emphasized the company's commitment to sustainability as a core part of its business strategy, focusing on positive economic impact and environmental performance.
On June 12, 2024, Kevin G. Hostetler, CEO of Array Technologies (NASDAQ: ARRY), testified before the Congressional Joint Economic Committee about the positive impact of the Inflation Reduction Act (IRA) on the U.S. solar manufacturing sector.
Hostetler highlighted Array's recent $50 million investment in a new manufacturing facility in Albuquerque, NM, which will employ 300 local residents. The facility will produce components for solar tracking technology, which enhances energy production by up to 25%.
Hostetler emphasized that the IRA's production tax credit has spurred significant growth in renewable energy and manufacturing jobs. The testimony also noted ongoing collaborations with educational institutions and partners to develop a skilled workforce and expand manufacturing capacity.
The IRA is anticipated to triple U.S. solar capacity by 2028, fostering long-term growth and stability in the renewable energy sector.
Array Technologies, a leading provider of tracker solutions and services for utility-scale solar energy projects, announced the resignation of Chief Financial Officer, Kurt Wood, effective June 30, 2024.
Kurt Wood will step down to pursue other business interests but will remain as a consultant through September 30, 2024, to support the transition.
CEO Kevin G. Hostetler praised Wood's improvements in the finance organization, control framework, monthly close process, and cash collection processes.
Array Technologies has initiated a formal search for a new CFO.
Array Technologies (NASDAQ: ARRY) has appointed Neil Manning as president and chief operating officer. Manning, who joined Array in January 2023 as chief operations officer, will now oversee the company's international operations and assume full P&L responsibility. He will also lead geographic expansion and strategic initiatives. CEO Kevin G. Hostetler praised Manning's role in the company's success and noted the new reporting structure will allow executive team members to focus on priority areas. Manning expressed excitement about driving global expansion and innovative projects. Hostetler will engage more with industry associations and focus on customer, investor relations, and merger and acquisition opportunities.
Array Technologies, Inc. reported financial results for the first quarter of 2024, achieving record gross margin and $2.1 billion in executed contracts and awarded orders. With revenue of $153.4 million, gross margin of 35.9%, and adjusted gross margin of 38.3%, the company showcased strong performance. Despite a net loss to common shareholders of $11.3 million, the adjusted EBITDA was $26.2 million. The company's leadership emphasized the positive response to their products and strategic priorities. Array Technologies reaffirmed its full-year 2024 guidance, expecting revenue between $1,250 million to $1,400 million, adjusted EBITDA between $285 million to $315 million, and adjusted net income per share between $1.00 to $1.15.
Array Technologies and DNV Energy USA released a report on the energy impact of solar tracker wind stow strategies. The study confirms that Array's patented, safe, passive wind stow technology significantly enhances energy production, reducing losses to just 0.05%. This improvement surpasses active stow methods, boosting operational efficiency and reliability.
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